https://www.taxtmi.com/caselaws?id=294877 The substitution of section 19(2)(v) in the Tamil Nadu Value Added Tax Act, 2006 was treated as retrospective because the amendment removed an anomaly and extended input tax credit to transactions under section 8(2) of the Central Sales Tax Act as well. The use of the word "substituted" was taken to indicate replacement of the earlier clause, not the creation of a new burden or restriction. Applying the amended provision only from 01.04.2015 would have created an unjustified distinction between identical transactions across different periods, so the benefit was held to operate from the inception of the Act. en-us Fri, 30 Aug 2019 00:00:00 +0530 Fri, 07 May 2021 08:04:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294877 The substitution of section 19(2)(v) in the Tamil Nadu Value Added Tax Act, 2006 was treated as retrospective because the amendment removed an anomaly and extended input tax credit to transactions under section 8(2) of the Central Sales Tax Act as well. The use of the word "substituted" was taken to indicate replacement of the earlier clause, not the creation of a new burden or restriction. Applying the amended provision only from 01.04.2015 would have created an unjustified distinction between identical transactions across different periods, so the benefit was held to operate from the inception of the Act. Case-Laws VAT and Sales Tax Fri, 30 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294877